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Nichols, Inci, had the following batances and transactions duritivg 2024: Beginning Merchandise liwentory as of Jamary 400 units at $82 1. 2024 March 10 Sold

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Nichols, Inci, had the following batances and transactions duritivg 2024: Beginning Merchandise liwentory as of Jamary 400 units at $82 1. 2024 March 10 Sold 60 units Jane 10 Purchased 800 units at October 30 Sold 460 units What would be reported for Cost of Goods Sold on the thicome Statement at December 31. 2024 if the perpetual imventory system and the first-in, first-out inventory costing method are used

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